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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CVI
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Red day on Friday for CVR Energy
(Updated on Apr 26, 2024)

Sell candidate since Apr 24, 2024 Loss -1.04% PDF

The CVR Energy stock price fell by -0.479% on the last day (Friday, 26th Apr 2024) from $33.38 to $33.22. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.81% from a day low at $32.80 to a day high of $33.40. The price has fallen in 7 of the last 10 days and is down by -5.46% for this period. Volume has increased on the last day by 227 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 704 thousand shares were bought and sold for approximately $23.38 million.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $32.64 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.54% during the next 3 months and, with a 90% probability hold a price between $33.47 and $38.84 at the end of this 3-month period.

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CVI Signals & Forecast

There are mixed signals in the stock today. The CVR Energy stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $34.97. On a fall, the stock will find some support from the short-term average at $33.19. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 2.06%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for CVR Energy stock

CVR Energy finds support from accumulated volume at $32.77 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.595 between high and low, or 1.81%. For the last week, the stock has had daily average volatility of 2.82%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CVI) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect CVR Energy Inc to open at $33.14, and during the day (based on 14 day Average True Range), to move between $32.17 and $34.27, which gives a possible trading interval of +/-$1.05 (+/-3.16%) up or down from last closing price. If CVR Energy Inc takes out the full calculated possible swing range there will be an estimated 6.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $33.44 (0.66%) than the support at $32.77 (1.35%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Earnings coming up

CVR Energy will release earnings BMO on Monday, April 29, 2024.The consensus among the analysts for the expected earnings (EPS) is $0.130. We will update the financials statements for CVR Energy, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 5.23% in the first trading day after earnings release.

Is CVR Energy Inc stock A Buy?

CVR Energy holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.555 Sell Candidate Unchanged

Predicted Opening Price for CVR Energy Inc of Monday, April 29, 2024

Fair opening price April 29, 2024 Current price
$33.14 ( 0.246%) $33.22

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CVI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 33.73 1.55 %
R2 33.51 0.86 %
R1 33.37 0.438 %
Current price: 33.22
Support S1 32.91 -0.93 %
S2 32.77 -1.35 %
S3 32.54 -2.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 35.25 6.11 %
R2 34.47 3.76 %
R1 33.44 0.662 %
Current price 33.22
Support S1 32.77 -1.35%
S2 32.54 -2.05%
S3 32.47 -2.26%

CVI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2024 Mar 01, 2024 Mar 11, 2024 $0.500 1.52%
2 Oct 30, 2023 Nov 10, 2023 Nov 20, 2023 $2.00 6.28%
3 Oct 30, 2023 Nov 09, 2023 Nov 20, 2023 $1.50 4.71%
4 Jul 31, 2023 Aug 11, 2023 Aug 21, 2023 $1.00 2.90%
5 May 01, 2023 May 12, 2023 May 22, 2023 $0.500 1.97%

FAQ

What is the symbol for CVR Energy Stock and on which exchange is it traded?
The symbol for CVR Energy is CVI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell CVR Energy Stock?
CVR Energy holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy CVR Energy Stock?
CVR Energy Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CVR Energy Stock.

What's the current price of CVR Energy Stock?
As of the end of day on the Apr 26, 2024, the price of an CVR Energy (CVI) share was $33.22.

What is the 52-week high and low for CVR Energy Stock?
The 52-week high for CVR Energy Stock is $39.28 and the 52-week low is $22.60.

What is the market capitalization of CVR Energy Stock?
As of the Apr 26, 2024, the market capitalization of CVR Energy is 3.356B.

When is the next earnings date for CVR Energy?
The upcoming earnings date for CVR Energy is Apr 29, 2024.
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About CVR Energy Inc

CVR Energy CVR Energy, Inc., together with its subsidiaries, engages in the petroleum refining and nitrogen fertilizer manufacturing activities in the United States. It operates in two segments, Petroleum and Nitrogen Fertilizer. The Petroleum segment refines and markets gasoline, diesel fuel, and other refined products. It also owns and operates a coking medium-sour crude oil refinery in southeast Kansas; and a crude oil refinery in Wynnewood, Oklahoma, as... CVI Profile

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